Name: Sinclair Mohlahla
Industry: Product development
Company: N/A
Product: Magna Stove
Equity for cash: R750 000 for 30% equity
Pitch:
A stove that enables the user to cook without having to handle the pot, this stove is aimed at reducing reported skin burns caused by hot boiling water or oil from the stove. With the funding, Sinclair hopes to buy the machinery allowing him to build the first system that will enable the stoves to perform as expected. The stove will keep the pot stable through magnetisation.
Follow us on Twitter and Facebook and be part of the Dragons' Den SA conversation.
Industry: Product development
Company: N/A
Product: Magna Stove
Equity for cash: R750 000 for 30% equity
Pitch:
A stove that enables the user to cook without having to handle the pot, this stove is aimed at reducing reported skin burns caused by hot boiling water or oil from the stove. With the funding, Sinclair hopes to buy the machinery allowing him to build the first system that will enable the stoves to perform as expected. The stove will keep the pot stable through magnetisation.
Follow us on Twitter and Facebook and be part of the Dragons' Den SA conversation.